Essay on Globalization Is A Process Of Human And Non Human Activities

1915 Words Dec 7th, 2014 null Page
“Globalization is a process that encompasses the causes, course, and consequences of transnational and transcultural integration of human and non-human activities.” (Rodhan, A. 2006) Globalisation is a process which plays a major role in the business world today and largely effects the way in which managers run an organisation. It is not a process which can easily be defined and there are various concerns and arguments for and against globalisation as a process. Globalisation in business involves various different processes including economic integration; transfer of policies and cultural stability (Rodhan, A. 2006) If a business is to become global then there are various different disciplines that must be considered, whether they involve economic, social or political factors. (Rodhan, A. 2006) It is essential that all disciplines are looked at in detail and if ignored then there are various repercussions which could potentially occur. ‘’Globalisation of business is seen by many as creating wealth that benefits nations and individuals worldwide’’ (Czinkota, M, et al. 2009) expanding on this quote, Czinkota states that globalisation is a process which can effect a significant amount of individuals and businesses in some form. During recent times there has been a vast rise in the amount of transnational corporations around the world; ‘’Transnational corporations are one of the most important factors in the global economy, occupying a more powerful position than ever…

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